Activist investor Elliott Investment Management wants oil major BP to replace its strategy chief and create separate units for upstream and downstream activities to improve accountability, a source ...

Mukesh Ambani-led Reliance Industries on Friday reported a 2.4% rise in its net profit to Rs 19,407 crore for the quarter ...

New research links fossil fuel giants to trillions in heat-driven economic losses, offering fresh momentum for climate liability lawsuits worldwide.

Experts believe the research could help bolster climate laws and make polluters pay for their role in global warming. View on ...

For comparison, $28 trillion is a shade less than the sum of all goods and services produced in the United States last year.

An activist investor upped its stake to more than 5% in BP and is seeking cuts. BP, which operates the BP Whiting Refinery ...

Indian Oil Corp , the country's top refiner, plans to operate its Gujarat refinery in western India at an expanded capacity ...

BP shares rise after Elliott reveals 5% stake, presses for spending cuts and renewed oil focus, challenging the company’s ...

Chevron and other oil companies are cutting thousands of positions, while offshoring more white-collar jobs to the country.